Comments on: AUD/JPY: Seeing some quite heavy short-covering https://fxww.com/audjpy-seeing-some-quite-heavy-short-covering/ The Professional Source Fri, 22 Feb 2013 04:46:43 +0000 hourly 1 By: Sean Lee https://fxww.com/audjpy-seeing-some-quite-heavy-short-covering/#comment-16467 Fri, 22 Feb 2013 04:46:43 +0000 http://fxww.dreamhosters.com/?p=5753#comment-16467 Any profitable and consistent strategy will sell well imho

]]> By: mike https://fxww.com/audjpy-seeing-some-quite-heavy-short-covering/#comment-16465 Fri, 22 Feb 2013 04:39:07 +0000 http://fxww.dreamhosters.com/?p=5753#comment-16465 yes, for 3~4 trades a year, it would be pretty decent performance. But, is this kind of strategy a good sell for investment? What’s your experience.

Thanks

]]> By: Sean Lee https://fxww.com/audjpy-seeing-some-quite-heavy-short-covering/#comment-16457 Fri, 22 Feb 2013 04:07:24 +0000 http://fxww.dreamhosters.com/?p=5753#comment-16457 Agree Mike, and I don’t even try anymore. Years of experience have taught me that the chances of getting on and building a trade mid-trend are quite low. That’s why I’m pretty much a contrarian trader, always looking for trend turns/beginnings as I’ve found that I can keep stops very cheap and make large profits on these trades

]]> By: mike https://fxww.com/audjpy-seeing-some-quite-heavy-short-covering/#comment-16456 Fri, 22 Feb 2013 04:01:42 +0000 http://fxww.dreamhosters.com/?p=5753#comment-16456 Hi, Sean

It’s really difficult to build position at the middle or later of a trend, especially for high vol pairs. How you cope with this situation?

btw, saw good opportunity for a new or re-entry long E/G trade.

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